Are you fond of collecting old currency notes or coins? So read this guideline of RBI

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image : Wikipedia

If you are also fond of collecting old coins, notes then this news is very important for you. Nowadays old notes and coins are being auctioned in the market. These notes are being auctioned daily in the online market. Gradually the craze of auctioning these notes is increasing. Seeing this craze, the Reserve Bank of India (RBI) has warned people. Let's know what RBI has warned?

What is RBI's warning?

RBI has already said that news related to old coins or notes comes only from the central bank. While RBI has no role in any such auction or sale. If you want to sell old notes or coins then you should also read the RBI guidelines. RBI said that people are being cheated in buying or selling such coins online. This is a way to cheat people. This is how people are trying to cheat customers. You should always be wary of this type of fraud.

How does this cheating system work?

Many such cases have come to the notice of RBI, in which the name of RBI is being misused. These fraudulent online platforms demand charges, commissions or taxes from people. People claim that they will get lakhs of rupees if they sell the old notes. RBI is not involved in any such activities.

Don't be fooled in the name of Reserve Bank?

RBI has clarified that RBI is neither involved in any such matters nor does any such deal on its behalf. This is just a way to win people's trust. People trust RBI, because of which they fall prey to this kind of fraud. The Reserve Bank of India (RBI) has not authorized any institution, company or individual to charge such transaction fees. People should avoid this kind of fraud. If you ever see any such ad, you can report it to Cyber ​​Cell. Strict action will be taken against such fraudsters if possible.


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